“Novell Inc (NOVL) Received an Offer in Early March and Has Yet to Announce a Deal.”
- Dr. Roy Schestowitz
- 2010-09-02 06:00:28 UTC
- Modified: 2010-09-02 06:00:28 UTC
Summary: Novell is still up for sale and the financial market expects some announcement to come sooner or later
"One company that has been the subject of takeover speculation is, Novell," says this new article and another item from the news says:
One of the downsides to companies with no agreed deal is that the timeline can be inauspicious. For example, Novell Inc (NOVL) received an offer in early March and has yet to announce a deal.
Might VMware be the one to buy some/all of the company [
1,
2]? Novell is said to be
negotiating with 3 parties [
1,
2] and
John Paulson is possibly one of them. Novell needs to find a sugar daddy fast; Novell's CFO says: "Depletion of the original Microsoft certificates this year makes for a challenging year-over-year comparison.”
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